Business
One World Universe, Inc. Announces New Subsidiary Meta Universe Holding Corp.
One World Universe, Inc. Announces New Subsidiary Meta Universe Holding Corp..
About this update from One World Universe Inc.
[{"type":"text","content":"\n Entering Metaverse Real Estate Market with LAND Purchases within The Sandbox and Decentraland Worlds HUNTINGTON BEACH, CA, Nov. 30, 2021 (GLOBE NEWSWIRE) -- via NewMediaWire -- One World Universe Inc. (OTC: OWUV), a publicly traded company that invests in sports related businesses, distressed assets, business opportunities within emerging industries and providing humanitarian efforts in over 185 countries, has created a new subsidiary named Meta Universe Holding Corp. which will encompass all metaverse related projects. As an incubator and accelerator, management feels this hot new industry sector is diversified enough to create a separate holdings company to include multiple metaverse related assets, services, and products. The company has already purchased LAND within “The Sandbox” and has intentions of purchasing more real estate within the Sandbox and the popular “Decentraland” metaverse worlds. The Sandbox is a community-driven platform where creators can monetize voxel assets and gaming experiences on the blockchain. The Sandbox metaverse comprises a map made up of 166,464 LANDS. LAND owners can host contests and events, stake SAND to earn and customize assets, monetize assets and experiences, vote in the metaverse governance, play games that you or others create, and more.  Decentraland (MANA) is an Ethereum blockchain-powered virtual world, developed and owned by its users, who can create, experience, and monetize content and applications. Join a growing community of virtual world inhabitants who are building the world's largest alternate reality economy on the blockchain. In this store, you can buy and sell land assets in MANA, DCL's native currency. “Available LAND is very limited, and we are in the midst of a land grab. Many major crypto whales and famous companies such as Atari, Adidas, Binance and more have bought up large blocks of land. Just like real estate, an area our CEO and myself have extensive experience in, can be bought and sold, developed, rented, and leased just like actual property,” stated Caren Currier, CFO of One World Universe.  Management stresses that the real estate side of the metaverse is just the first asset/business that will be under the new created metaverse corporation. The team is still in negotiations with other exciting metaver...